AED - 01

Bachelor’s Degree Programme

(BDP)

ASSIGNMENT
2020-2021

Elective Course in Commerce

AED - 01: Export Procedures & Documentation

For July 2020 and January 2021 admission cycle

School of Management Studies

Indira Gandhi National Open University

Maidan Garhi, New Delhi -110068

 School of Management Studies
Indira Gandhi National Open University

Elective Course in Commerce

AED – 01: Export Procedures & Documentation

ASSIGNMENT: 2020-21

Dear Students,

As explained in the Programme Guide, you have to do one Tutor Marked Assignment in this
Course.

Assignment is given 30% weightage in the final assessment. To be eligible to appear in the Term-end
examination, it is compulsory for you to submit the assignment as per the schedule. Before attempting the
assignments, you should carefully read the instructions given in the Programme Guide.

This assignment is valid for two admission cycles (July 2020 and January 2021). The validity is given
below:

1. Those who are enrolled in July 2020, it is valid up to June 2021.

2. Those who are enrolled in January 2021, it is valid up to December 2021.

You have to submit the assignment of all the courses to The Coordinator of your Study Centre. For
appearing in June Term-End Examination, you must submit assignment to the Coordinator of your study
centre latest by 15th March. Similarly for appearing in December Term-End Examination, you must
submit assignments to the Coordinator of your study centre latest by 15th September.
 TUTOR MARKED ASSIGNMENT

Course Code : AED-01

Course Title : Export Procedures & Documentation
Assignment Code : AED-01/TMA/2020-21
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.

Q.1 You are a manager in the Export firm and planning to export your (4+16)
products. In this connection, state various commercial documents required
for the export. Explain the features of each commercial document.

Q.2 (i) What are the basic principles of operation of ECGC? Describe the (5+5)
procedure for taking a policy from ECGC.

(ii) Explain the procedure for making claim from ECGC along with the (10)
documentation formalities.

Q.3 Do you think that containerization has become a predominant form of (6+7+7)
unitized transport? Discuss and explain the features of Liner and Tramp
Shipping Services.

Q.4 Comment on the following statements : (4X5)

(i) Litigation is better than arbitration for settlement of international

trade disputes.
(ii) Standard policies of ECGC cover losses due to all types of risks.

(iii) There are no reasons for securing insurance cover by the exporter.
(iv) Export houses are not entitled to get any special benefits.

Q.5 Write notes on the following? (4X5)

(i) General conditions in export contracts

(ii) Deferred credit facilities
(iii) War perils
(iv) Procedure for claiming duty drawback